Merchandise Trade

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Since April 1987, Singapore’s merchandise trade statistics are compiled by Enterprise Singapore from the following information submitted to Singapore Customs:

Import and export permits submitted by traders or declaring agents;
Data on postal packages furnished by Singapore Post Limited; and
Statement on bunker fuel, aircraft fuel and stores supplied to non-Singapore-registered ships and aircraft furnished by shipping and aircraft agents.

Prior to April 1987, merchandise trade statistics were compiled by the Singapore Department of Statistics from the same sources.

The Standard International Trade Classification (SITC), Revision 4.1 is used for merchandise trade statistics from 1999, and SITC, Revision 3 for data prior to 1999.

Data

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Key Indicators

Items	Unit	Latest Period	Latest Data	% Change (Y‑o‑Y) 1/	Previous Period Data	% Change (Y‑o‑Y) 2/
Merchandise Trade
Total Trade at Current Prices	S$m	Nov-24	110,233.1	5.0	107,560.3	-2.2
Total Exports at Current Prices	S$m	Nov-24	58,395.6	5.1	56,144.0	-3.3
Domestic Exports	S$m	Nov-24	23,444.3	-5.6	22,152.8	-15.8
Non-oil Domestic Exports	S$m	Nov-24	14,979.6	3.4	14,080.8	-4.7
Re-exports	S$m	Nov-24	34,951.3	13.7	33,991.2	7.0
Items	Unit	Latest Period	Latest Data	% Change (Y‑o‑Y) 1/	Previous Period Data	% Change (Y‑o‑Y) 2/
Total Imports at Current Prices	S$m	Nov-24	51,837.5	4.9	51,416.3	-0.9
Total Trade at Current Prices	S$m	2023	1,205,722.6	-11.7	1,365,402.5	17.7
Total Exports at Current Prices	S$m	2023	638,403.5	-10.1	709,966.6	15.6
Domestic Exports	S$m	2023	285,053.0	-13.5	329,668.8	18.2
Non-oil Domestic Exports	S$m	2023	173,170.9	-13.1	199,207.9	3.0
Re-exports	S$m	2023	353,350.5	-7.1	380,297.8	13.5
Total Imports at Current Prices	S$m	2023	567,319.1	-13.4	655,435.9	20.1

Data are preliminary when first released.
1. Refers to % change in latest period over the same period in the previous year.
2. Refers to % change in the previous period over the same period in the previous year.

Merchandise Trade by Commodity Section/ Division

Title : Merchandise Trade By Commodity Section, (At Current Prices), Monthly

Thousand Dollars

Data Items	2024 Apr	2024 May	2024 Jun	2024 Jul	2024 Aug	2024 Sep	2024 Oct	2024 Nov
Total Merchandise Trade, (At Current Prices)	108,835,486	109,537,408	100,884,360	112,222,636	105,884,603	103,779,624	107,560,293	110,233,145
Oil	21,869,534	22,411,806	18,757,682	21,247,219	18,423,054	15,686,653	17,499,147	18,062,086
Non-Oil	86,965,952	87,125,602	82,126,678	90,975,417	87,461,549	88,092,971	90,061,146	92,171,059
Total Merchandise Imports, (At Current Prices)	52,989,058	52,724,458	48,875,736	52,987,637	49,990,824	49,333,617	51,416,285	51,837,536
Oil	11,284,238	10,854,460	9,159,742	11,074,495	9,114,922	7,420,139	9,231,857	9,269,639
Non-Oil	41,704,820	41,869,999	39,715,994	41,913,142	40,875,902	41,913,478	42,184,428	42,567,897
Total Merchandise Exports, (At Current Prices)	55,846,428	56,812,950	52,008,624	59,234,999	55,893,778	54,446,007	56,144,008	58,395,609
Oil	10,585,296	11,557,347	9,597,941	10,172,724	9,308,131	8,266,515	8,267,290	8,792,447
Non-Oil	45,261,132	45,255,603	42,410,684	49,062,275	46,585,647	46,179,492	47,876,718	49,603,162
Total Domestic Exports, (At Current Prices)	24,062,856	25,555,265	22,945,653	26,421,304	24,035,643	21,968,296	22,152,849	23,444,325
Oil	10,173,812	11,369,523	9,359,760	10,043,147	8,980,339	8,073,502	8,072,075	8,464,685
Non-Oil	13,889,044	14,185,742	13,585,893	16,378,156	15,055,304	13,894,794	14,080,775	14,979,640
Total Re-Exports, (At Current Prices)	31,783,572	31,257,685	29,062,971	32,813,695	31,858,135	32,477,711	33,991,158	34,951,284
Oil	411,484	187,824	238,180	129,576	327,792	193,013	195,215	327,761
Non-Oil	31,372,088	31,069,861	28,824,791	32,684,119	31,530,343	32,284,699	33,795,943	34,623,522

SOURCE : ENTERPRISE SINGAPORE

Footnotes

Prior to 2003, merchandise trade data exclude Singapore's merchandise trade with Indonesia. Data prior to 1999 are based on Standard International Trade Classification (SITC) 3. Data from 1999 onwards are based on SITC 4.1 and consistent with the ASEAN Harmonised Tariff Nomenclature (AHTN) 2022 version.

Merchandise Trade By Commodity Section (At Current Prices), Monthly

Merchandise Trade By Commodity Section, (At 2023 Prices), Monthly

Merchandise Imports By Commodity Division, Monthly

Merchandise Imports Of Machinery And Equipment, Monthly

Merchandise Exports By Commodity Division, Monthly

Merchandise Exports Of Machinery And Equipment, Monthly

Domestic Exports By Commodity Division, Monthly

Domestic Exports Of Major Non-Oil Products, Monthly

Re-Exports By Commodity Division, Monthly

Re-Exports Of Machinery And Equipment, Monthly

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